TORONTO, Aug. 20, 2014 /PRNewswire/ - Eagleford
Energy Inc. (OTCBB "EFRDF") ("Eagleford Energy" or the
"Corporation"), announces that it has filed Articles of Amendment
effective August 25, 2014
consolidating the common shares of Eagleford Energy Inc., on the
basis of one (1) common share for every ten (10) common shares (the
"Consolidation"), and changing its name to EAGLEFORD ENERGY
CORP. No fractional shares shall be issued as a result of
the Consolidation, and if any fractional share would otherwise
result from the Consolidation, such fractional share shall be
rounded up to the nearest whole share. Eagleford Energy Inc.
received the requisite shareholder approval to amend its Articles
for the Consolidation and the name change at its Annual and Special
Meeting of Shareholders held on February
27, 2014. Accordingly, the capitalization of the
Corporation will be consolidated from 129,139,068 common shares
issued and outstanding to approximately 12,914,421 common shares
issued and outstanding under the new name EAGLEFORD ENERGY
CORP.
The new ISIN number is CA27004H1010 and the new CUSIP number is
27004H101. FINRA has approved the quotation of the common
shares of EAGLEFORD ENERGY CORP., on the OTCBB under the
symbol EGFDF effective 20 business days following the
Consolidation.
Certain information regarding the Company in this news
release may constitute forward-looking statements under applicable
securities laws. The forward-looking information includes, without
limitation, projections or estimates made by us and our management
in connection with our business operations. Various
assumptions were used in drawing the conclusions or making the
forecasts and projections contained in the forward-looking
information contained in this press release, which assumptions are
based on management analysis of historical trends, experience,
current conditions and expected future developments pertaining to
the Company and the industry in which it operates as well as
certain assumptions as specifically outlined in the release
above. Forward-looking information is based on current
expectations, estimates and projections that involve a number of
risks, which could cause actual results to vary and in some
instances to differ materially from those anticipated by the
Company and described in the forward-looking information contained
in this press release. Undue reliance should not be placed on
forward-looking information, which is not a guarantee of
performance and is subject to a number of risks or
uncertainties. Readers are cautioned that the foregoing list
of risk factors is not exhaustive. Forward-looking
information is based on the estimates and opinions of the Company's
management at the time the information is released and the Company
disclaims any intent or obligation to update publicly any such
forward-looking information, whether as a result of new
information, future events or otherwise, other than as expressly
required by applicable securities laws.
SOURCE Eagleford Energy Inc.